Author Archive for Matt Yearling

Transportation Trends: First Autonomous Spotters, Then Autonomous Trucks.

Autonomous vehicles, such as yard and shuttle trucks that operate in in controlled environments, such as ports, manufacturing plants, and distribution center yards will be the first to go mainstream. ZF revealed autonomous Terminal Yard Tractor to the world last year. Running defined lanes within a restricted area, the yard trucks present an easy use case for moving freight from point A to point B autonomously.

Read More →

The Right Technology for Inventory Management

Managing inventory in 2019 has become an even more complex challenge according to our industry peers and PINC customers. In my previous article titled “The High Cost of The One Percent Inventory Accuracy in Your Supply Chain“, I explored significant challenges, costs associated to inventory management, and what one percent of inventory accuracy represents to your operation. In a recent podcast, an industry professional described how to better manage inventory in today’s dynamic business environment […]

Read More →

The High Cost of The One Percent Inventory Accuracy in Your Supply Chain

If your company is experiencing inventory accuracy problems, the problem extends across your entire logistics network—and right to your end customer. Here’s how digital inventory technologies are helping companies solve those challenges. The supply chain industry is going through a transformation because customers’ expectations are changing and labor is hard to find and retain. If you add to that the national warehouse vacancy rate hovering at record lows and warehouses bloated with inventory pulled in […]

Read More →

How Humans and Robots Will Work Together in the Supply Chain

Humans and robots can work in harmony to create a safer, more efficient working world. Here’s what that might look like. In Robots in the Supply Chain: The Perfect Employee? Merril Douglas paints a picture of a time in the near future when robots and humans will work side-by-side to help companies gain speed, increase accuracy, cut costs, and handle the grunt work. “We’re sitting in the middle of a perfect storm for robots in […]

Read More →

How to Buy Your First Autonomous Robot

Take a calculated approach to robotics procurement and you’ll stand the best chance of successfully aligning it with your company’s mission, values, and future plans. In Robots in the Supply Chain: The Perfect Employee? Merril Douglas paints a picture of a time in the near future when robots and humans will work side-by-side to help companies gain speed, increase accuracy, cut costs, and handle the grunt work. “We’re sitting in the middle of a perfect storm […]

Read More →

Can Robots Help You Manage Inventory Better?

In the United States, 250,000 manufacturing plants and warehouses support the activities of 4 million retail stores and e-commerce websites – and all of these operations carry inventory. But in the warehouses, less than 10 percent are using automated storage and retrieval systems (AS/RS) to manage and move their inventories. That means the vast majority are still using racks and other storage solutions that require a lot of floor space (read: high real estate costs) […]

Read More →

Drone-Powered Digital Inventory

Even though 90% of inventory is stationary in the supply chain, inventory accuracy at distribution centers, warehouses, and plants ranges from 89% to 99%*. In retail stores, this number drops to below 60%**. That’s because most of the inventory management process is still a manual activity. Knowing what inventory is on hand at any given time in the supply chain—and then tying that data to transportation and delivery—is a never-ending challenge for most companies. Overcoming […]

Read More →

Top 10 reasons why aerial robots (autonomous drones) for inventory management make sense

They are: Increased frequency of inventory checks Increased certainty of inventory levels Reduced losses due to inventory shrinkage More reliable financial reporting Better visibility to out-of-stock and excess inventory Increased velocity of order picking Savings in personnel costs or operations downtime Elimination of resources and equipment Staff redirected to handle high value activities Safer environment for employees I continue to stress that every company on the planet, that has a significant supply chain operation, is […]

Read More →

Bucking the 80/20 Trend: 4 Key Benefits of Adopting a Digital Yard

Also known as “the 80/20 rule,” the Pareto Principle states that, for many events, roughly 80% of the effects come from 20% of the causes. Management consultant Joseph M. Juran suggested the principle and named it after Italian economist Vilfredo Pareto, who noted the 80/20 connection while at the University of Lausanne in 1896, as published in his first paper, “Cours d’économie politique.” The same 80/20 principle can be applied in the supply chain, where […]

Read More →

Are Your Yards Connected to the Supply Chain Ecosystem?

By definition, an ecosystem is a group of interconnected elements, formed by the interaction of a community of organisms with their environment. The same concept applies in the supply chain, where networks of organizations—including manufacturers, suppliers, distributors, retailers, customers, and carriers—are all involved in the hands-on delivery of a specific product or service. While few would argue the important role that the manufacturing plant, warehouse, distribution center, and transportation channel play in getting goods from […]

Read More →